@runnerrunner
Great article. I like practising my German!
Here is the translation for HC:
Germany is heading for commodity bottlenecks
https://translate.google.com.au/tra...rt-auf-Rohstoff-Engpaesse-zu.html&prev=search
http://www.sueddeutsche.de/news/wir...a.urn-newsml-dpa-com-20090101-171126-99-24633
Published on 26.11.2017 |
Source: dpa
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Berlin - According to industry warnings, the German economy is heading for dramatic bottlenecks in raw materials - partly because of the foreseeable trend towards e-mobility:
"The danger of bottlenecks in the supply of raw materials is increasing."
"Because demand is growing faster than production capacity," said Matthias Wachter, commodities expert at the Federation of German Industries (BDI), the newspaper
"Welt am Sonntag". "Without a sufficient supply, for example with cobalt, graphite, lithium or manganese, there will be no future technologies" Made in Germany ".»
The German Raw Materials Agency (Dera) points out that the German economy relies entirely on imports of the raw materials needed to build batteries for electric cars.
"60 percent of globally required cobalt comes from the Congo, 70 percent of graphite from China, " said Dera expert Torsten Brandenburg the newspaper.
Of the mineral raw materials examined by Dera, only twelve were classified in the group with
"low procurement risks". "In all other cases, there are either only a few suppliers or the raw materials are promoted in countries with increased political risks," said Brandenburg.
Particularly critical is currently the situation with cobalt and graphite, the two fuels for the batteries of e-cars. Although there are rich deposits on earth, only a few countries are ready to mine these raw materials - also because this is associated with significant environmental pollution.
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Kind Regards
DYOR!!!
